Whether you eventually want to become your own boss or you just want to generate some extra income to pad your savings each month, choosing to start a business on the side is the best way to test your way into finding the right opportunities for making money by putting your skills to good use.

More than half (51 percent) of Millennials (ages 18-34) either own or would like to own a business someday. Those numbers could be even higher, if only financial concerns weren’t holding would-be Millennial entrepreneurs back.